https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut
In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...
https://knews.kathimerini.com.cy/en/business/eac-maintains-dominant-position-in-cyprus-energy-production-market
The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-to-reduce-member-states-emissions-by-40
Today, the European Parliament adopted the revision of the Effort Sharing Regulation with 486 votes in favor, 132 against, and 10 abstentions. ...
https://knews.kathimerini.com.cy/en/news/kedipes-interest-subsidies-for-good-loans-in-2023
As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....
https://knews.kathimerini.com.cy/en/business/trade-deficit-increased-by-163-5-in-january-2023
A large increase was recorded in the trade deficit in January 2023 according to preliminary data published on Monday by the Statistical Service, since the increase in imports was more than three times the increase in exports....
https://knews.kathimerini.com.cy/en/news/price-of-eggs-in-cyprus-up-by-23
According to data released by Eurostat, food prices have significantly risen in 2022....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/news/number-of-children-being-investigated-for-sexual-abuse-in-cyprus-still-high
The number of children referred for investigation for sexual abuse has remained consistently above 400 for the past two years, according to the "Hope For Children" CRC Policy Center (HFC), ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-trends-in-2023
Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....
https://knews.kathimerini.com.cy/en/news/us-specialist-in-cyprus-to-treat-patient-s-rare-disease-100-funded-by-eu
A significant development in the EU medical industry has occurred in Cyprus involving EU cross-border treatment. Greece's National Healthcare Service (EOPYY) recently approved using the "Planned medical treatment abroad" scheme to cover the costs of a Greek patient receiving surgical treatment for a rare disease by a world-leading US-based surgeon in a private hospital in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/uk-to-pay-france-half-a-billion-pounds-to-curb-channel-crossings
Britain is to pay France almost half a billion pounds over the next three years in a high-stakes gamble to end Channel migrant crossings....
https://knews.kathimerini.com.cy/en/news/mostly-clear-over-the-weekend-with-a-chance-of-showers
When are the rains coming...
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/complaints-against-lawyers-increased-in-2022
There has been an increase in the number of complaints filed against lawyers, which have been reviewed by the Cyprus Bar Association's Disciplinary Council. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-and-employment-up-according-to-eurostat
Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/china-accused-of-cutting-internet-to-taiwan
China has been accused of cutting the internet to one of Taiwan's outlying islands as part of its latest intimidation tactic to force reunification....
https://knews.kathimerini.com.cy/en/news/tourists-are-spending-13-more-in-cyprus
If there is one thing that has changed in the past year's data on the tourism industry, it is the realization that, even though there are fewer visitors coming in than in 2019,...
https://knews.kathimerini.com.cy/en/news/minister-of-labor-in-the-hot-seat-on-cola-issue
The President of the Republic's directive to the new members of the government that there is no time to waste and that the government should ramp up the initiation of its projects effectively overrides some ministries where pending issues are pressing. ...
https://knews.kathimerini.com.cy/en/news/girls-and-women-make-up-majority-of-domestic-violence-victims
The majority (75%) of victims of family violence, intimate partner violence and abuse of minors in Cyprus are girls and women, based on statistics by the Police Headquarters' Directorate for Vulnerable Persons Affairs....
https://knews.kathimerini.com.cy/en/news/president-to-name-specific-eu-political-figures-to-assist-in-cyprus-issue
Cyprus President Nikos Christodoulides will propose specific political figures from EU member states, some of whom he has already been in contact with, to the President of the European Council in regard to his proposal for increased EU involvement in the Cyprus issue....
https://knews.kathimerini.com.cy/en/news/energy-prices-in-cyprus-must-decrease-says-minister
"We want consumers to be able to open their electricity bills without fear," said newly appointed Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/cypriot-house-speaker-calls-out-kompromat-post
Cyprus Police announced extra security measures on Monday for the House Speaker and members of her family, following the emergence of allegations on social media regarding a drug arrest cover-up and fake news counter claims from the top legislator...
https://knews.kathimerini.com.cy/en/business/cbc-number-of-bounced-checks-increase-in-february
A total of 38 bounced cheques have been registered in the Central Information Registry (CIR) for dishonored cheques in February, compared with 23 in January, the Central Bank of Cyprus (CBC) said on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-asks-for-more-assistance-to-stem-green-line-flow
The Permanent Secretary of the Ministry of Interior Dr. Costas Constantinou requested during the informal Ministerial Meeting of the MED5 (Greece, Italy, Spain, Malta and Cyprus) the assistance of FRONTEX to limit the flow of irregular migrants from Turkey through the Green Line, while the issue of the Green Line was also included in the joint communiqué that was signed by the participants....
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-dangerous-around-here
There has been a lot of discussion about the new President's selection of Michalis Hatzigiannis to fill the role of Deputy Minister of Culture, and it can be challenging to separate reasonable criticism from elitism. ...
https://knews.kathimerini.com.cy/en/news/lower-deposit-and-mortgage-interest-rates
The interest rates for household deposits and housing loans slightly decreased in January, while interest rates for non-financial corporations increased, according to data published by the Central Bank of Cyprus on Friday. These statistics are included in the February 2023 Monetary and Financial Statistics edition....
https://knews.kathimerini.com.cy/en/business/protests-planned-following-fee-increases-at-larnaca-marina
According to the Cyprus Boat Owners Association, a protest event will be held on Sunday in response to the increases in boat mooring fees spearheaded by Kition Ocean Marina with the encouragement of the Ministry of Transport. ...
https://knews.kathimerini.com.cy/en/news/protesters-want-an-end-to-eastmed-pipeline-project
Environmental activists gathered outside the EU Commission in Brussels on Wednesday warning that in addition to financial and geopolitical arguments against the construction of an EastMed natural gas pipeline, sabotage similar to NordStream last year was also a possible risk...
https://knews.kathimerini.com.cy/en/news/homes-are-getting-harder-to-find-for-ukraine-s-animals
LVIV, Ukraine – The first thing you hear after entering the animal sanctuary in Znesinnya Park near the center of Lviv are the dogs. There are scores of them barking and howling, members of a raucous makeshift orchestra sounding out a discordant opera....
https://knews.kathimerini.com.cy/en/news/government-surplus-of-€609-5-million-for-2022
General Government preliminary fiscal results published by the Statistical Service of Cyprus on Tuesday indicate a surplus of €609.5 mn, equal to 2.3% of GDP, for the period of January-December 2022, compared to a deficit of €402.8 mn or 1.7% of GDP, that was recorded during the period of January-December 2021....
